Who is buying?

Wellenreiter

@wrapper

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Too bad https://shapeshift.io/ never implemented FTC

They did… for some month, then FTC disappeared again, I think it was around March/April, when we had the BC fork

sradics

Interesting buy wall constellation on Bittrexup to 350k coins in a narrow price range, but it is not moving the price upwards - I guess some people already learned how fast such a wall can get removed followed by a fast downward move.

AmDD

@Wellenreiter said in Who is buying?:

@RIPPEDDRAGON said in Who is buying?:

@wrapper

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Too bad https://shapeshift.io/ never implemented FTC

They did… for some month, then FTC disappeared again, I think it was around March/April, when we had the BC fork

I thought it was when the site was hacked and they closed it for a bit, slowly re-adding wallets. FTC never was added back. :(

Wellenreiter

@AmDD
that’s also a possible reason. :(

Mansuetus

Nevertheless, Feathercoin has an excellent liquidity. All existing coins can be sold at once on Bittrex and they find a buyer :)

Moonman

What are your current expectations from trading and/or mining?

lizhi

Keeping the focus

Moonman

@lizhi said in Who is buying?:

Keeping the focus

Thats so deep :p

sradics

@Moonman Would be interesting to see survivors and wiped out coins. With currently being on position 73 regarding market volume shown by coinmarketcap FTC is at least not on vogue but also still alive ;-).

It is among the 10% of the top coins out of 709 coins listed in total.

Some volume numbers

Nr. Dead coins - e.g. all with “LowVol” (seems to be below $100/day) = 297 coins
Nr. nearly dead coins (trading volume below $1000/day incl. low volume) = 509 coins
71% trading volume between 0-$1000/day
85% trading volume between 0-$7000/day
with $7593 for FTC - not that bad

Percentile regarding market cap

59% are in the range between 0-$10,000.00
84% are in the range between 0-$560,000.00
88% are in the range between 0-$1,000,000.00
With $1,250,000.00 - FTC is really still in the top range!

Data based on this google sheet

In addition I’m not aware of (m)any specialities (is neoscrypt one) and ongoing innovations. Asking again - What is special about feathercoin?

Expectations - much more coins will die. FTC will survive ;-) and get back to Nr.3 - (ok - this is more a hope).

Moonman

@sradics
Ineresting views and i sort of agree with most of them. One point i might diverge a bit from is that the adoption is based on innovation and practicality of application. I usually observe media trends pulling people to a coin, as well as orchestrated pump and dumps.

After the neoscrypt switch, i feel that feathercoin is staying sort of behind regarding media attention (feathercoon website redesign-update, social media, internal and external forum presence, media outlet promotion through articles, etc.)

Although i am a feathercoin holder for years now, i recently started posting on the forum and feel that would gladly offer my assistance with those issues if i had the time. Unfortunately my free time is usually extremely scarce and i suppose i could not very activly contribute due to that, although i am willing to help when i can.

If any feathercoin devs/managers see this post, could i offer any assistance in those fields?

Wellenreiter

@Moonman

Most, if not all of the team members are in the same situation as you, where the spare time is very rare.
That is the main reason for some of the delays in projects and missing presence in the external forums and the social media.
For example the re-design of the web site is ongoing for more than a year now and making very slow progress.

Therefore I really appreciate your offer for help.
Can you send me a pm, so we can discuss how and where you could give support best?

looarn

@Moonman said in Who is buying?:

Although i am a feathercoin holder for years now, i recently started posting on the forum and feel that would gladly offer my assistance with those issues if i had the time. Unfortunately my free time is usually extremely scarce and i suppose i could not very activly contribute due to that, although i am willing to help when i can.

If any feathercoin devs/managers see this post, could i offer any assistance in those fields?

Same feeling here, do we have a section to expose our skills and see what we can do to help ?

Wellenreiter

Thanks for your offers :)

I have created a category Community groups->skills , where you can describe your skills and likes.
The category may be moved, based on input of other members, but will be found easily.

I suggest, that you create a topic with your forum name as title in that group.

Please PM me, if you face any problems

kelsey

while the threads “who’s buying” i’m curious, because of the persistent slow downward in the price; who’s selling? there was one major holder at one time do they still hold their holdings?

AmDD

@kelsey said in Who is buying?:

while the threads “who’s buying” i’m curious, because of the persistent slow downward in the price; who’s selling? there was one major holder at one time do they still hold their holdings?

Same here. Everytime I put a low ball buy order in, it seems its gone the next day. Cheap coins are always a plus but Ive already hit my “Feathercoin holding goal” and really should look at paying off the farm I just built.

looarn

Well we are several new recrut wanting to see FTC up and running, so let’s make ths coin alive. And it will rise again. :)

kelsey

@looarn excellent to see work being done and fresh recruits. the current market games we are observing seem indifferent to fundamentals; looks like someone is purposely driving the price down.
although no surprises with current lows (i’ve predicted 700sat as the usual bottom to this type of play). but as with AmDD, i’ve not waited til the bottom to start buying more, just surprising how easily my low ball orders keep being filled.

FlatBlack

@kelsey

Price drop:
.
-is it…maybe its a sign of ‘tsunami’…? ;3)
‘A more immediate and ominous sign of an approaching tsunami is a rapid and unexpected recession of water levels below the expected low tide. This can occur minutes before the shoreline is struck by a tsunami and can be the only sign along coastlines that are located too far from the earthquake epicentre to have felt the shaking.’
ref - https://www.getprepared.gc.ca/cnt/hzd/tsnms-bfr-en.aspx
.
-is it…maybe a ‘bagholder’ cannot doing d ‘holding’ anymore…?
:o)
.
-is it…maybe its related to China goverment-official law-act…
o_O
‘Chinese officials are considering policies including restricting domestic bitcoin exchanges from moving the cryptocurrency to platforms outside the nation and imposing quotas on the amount of bitcoins that can be sent abroad.’
ref - http://www.zerohedge.com/news/2016-11-03/china-prepares-impose-curbs-capital-controls-bitcoin
.
.
soori if interrupt… (i really mean this…)
.
plez do advice and care to correct or elobrate for more…
im still at a ‘beginner level @ newbie @ newcomer’ in dis crypto-scene… ;o)

RIPPEDDRAGON

Mining Zcash and buying FTC with it omnomnom

sradics

@FlatBlack Found this interesting stats - https://bitinfocharts.com/de/top-100-richest-feathercoin-addresses.html - could be interesting to investigate where the current coins are coming from.

And - there are some large amount investors holding their >3mio coins after a one time buy - I guess they are waiting for the Tsunami ;-)